FY2026 Fair Market Rents — Mahaska County, IA
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$717
1BR
$722
2BR
$947
3BR
$1,135
4BR
$1,254
Hours/week at min wage
101 hrs
to afford the 2BR FMR @ $7.25/hr (federal)
YoY change (2BR)
+5.3%
+$48 vs FY2025 · 5-yr +32.1%
Voucher payment standard
$852–$1,042
PHAs set HCV payment at 90–110% of the 2BR FMR
Mahaska County, IA
Non-Metropolitan area · IA · View full history · Income limits · LIHTC rents
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $717 | $8,604 |
| 1-Bedroom | $722 | $8,664 |
| 2-Bedroom | $947 | $11,364 |
| 3-Bedroom | $1,135 | $13,620 |
| 4-Bedroom | $1,254 | $15,048 |
Recent 2-Bedroom FMR Trend
FY2020 $702 → FY2026 $947
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $717 | $722 | $947 | $1,135 | $1,254 |
| FY2025 | $616 | $685 | $899 | $1,083 | $1,192 |
| FY2024 | $588 | $663 | $867 | $1,048 | $1,159 |
| FY2023 | $629 | $642 | $798 | $971 | $1,072 |
| FY2022 | $577 | $581 | $747 | $923 | $1,021 |
| FY2021 | $558 | $561 | $717 | $894 | $1,002 |
| FY2020 | $508 | $533 | $702 | $880 | $964 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $93,300
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $19,800 | $22,600 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI (Very Low) | $32,950 | $37,650 | $42,350 | $47,050 | $50,850 | $54,600 |
| 80% AMI (Low) | $52,750 | $60,250 | $67,800 | $75,300 | $81,350 | $87,350 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$11,364/yr
FMR as % of Area Median Income
12.2% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$37,880/yr
$3,157/mo gross income
FY2026 LIHTC Maximum Rents
Maximum gross rents for Low-Income Housing Tax Credit units, by income band. Full LIHTC details →
| AMI Band | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| 50% AMI Maximum | $816 | $933 | $1,049 | $1,259 | $1,352 |
| 60% AMI Maximum | $979 | $1,119 | $1,259 | $1,511 | $1,623 |
FY2026 HOME Program Rent Limits
Maximum rents for HOME Investment Partnerships–funded units. High HOME rents apply to most assisted units; Low HOME rents apply to the lowest-income set-aside units. Full HOME rent details →
| Limit Type | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| High HOME Rent | $717 | $722 | $947 | $1,135 | $1,254 |
| Low HOME Rent | $823 | $941 | $1,058 | $1,176 | $1,271 |
Compare Mahaska County, IA With Other IA Metros
vs. Ames, IA MSA
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vs. Cedar Rapids, IA HUD Metro FMR Area